LOS ANGELES, Nov. 21, 2019 /PRNewswire/ -- Southern California philanthropists Richard and Melanie Lundquist have made a $5 million gift to AltaSea at the Port of Los Angeles to advance ocean . Blah blah blah. They have carved out a path less traveled helping to improve outcomes for people, especially those living at the margins. Maybe well get together with the kids or something, adds her husband. A special ceremony is being planned on campus for October 2021, contingent on COVID protocols. She has been quoted in top-tier media outlets, including the New York Times and appeared on Bloomberg Television. Many teachers and school administrators working in some of the toughest tumbledown schools were skeptical. On June 3, 2014, the large, multi-winged house directly across the street from Mr. Grosss house unexpectedly sold for a very serious $19,800,000. Get the latest scoop directly in your inbox. She says her public school teachers were some of the most influential people in her life. However, Mr. Our goal now is to encourage fresh thinking, new ideas and a real commitment from business and science to uncover those answers and put them to work improving our lives and the health of our planet.. Those first gifts happened, says Richard Lundquist, because in the years leading up to them, the couple saw continuity and consistency in the ways the hospitals leaders operated, and in its decades-long financial health. We hope this gift will cause everyone to pay greater attention to the value of small liberal arts colleges. The house has 10,000 square feet of interior space with 5 bedrooms, 7.5 bathrooms, a gym, two kitchens, and an infinity pool with baller-style views out to the Pacific. For frequently asked questions please click here. Back to Orange County. In comparison, the new addition, dubbed the Melanie and Richard Lundquist Tower, has received $130 million in donations. McPherson College has seen tremendous growth, with a 300 percent increase in applications and 40 percent increase in enrollment since 2009. But we took a look at recent (2016) aerial imagery and it does not appear that Mr. The couple thought a friend who had just sold his business would be a good fit and connected hospital leaders with the man. Earlier this month, Richard donated his prized Enzo Ferrari 1972 365GTB/4 Daytona, marking the first Ferrari in the automotive restoration programs 45-year history. I think they achieved that., He added, We had originally targeted around $50 million to $75 million (in donations) from the community in cash and pledges. The couple will celebrate their 30th anniversary next year, and friends keep asking how they plan to mark the occasion. Founded in 1887, McPherson College is set on a 27-acre campus in McPherson, Kan., one of the top 100 small towns in the U.S. and offers 30 majors and pre-professional programs. Although Torrance Memorial already is the largest acute-care hospital in the South Bay, the new tower will increase the total number of beds to 446. 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Melanie is a member of the University of Southern California (USC) Presidents Leadership Council and the USC Rossier School of Educations Board of Councilors, as well as Vice Chair of the Board at the Partnership for Los Angeles Schools. The Lundquists met in the 1980s as neighbors in an apartment complex in Redondo Beach, a coastal city in Los Angeles County. They have been invaluable members of the McPherson College community for years, providing counsel on many matters and expanding our network through their vast connections. In addition to their own $50 million donation, doled out over 10 years, the Lundquists have tapped their many business connections to help raise money from a number of corporations and foundations. The grand opening will be on Sept. 19-20, and will include tours, ribbon cutting and other ceremonies. In November 2020, McPherson College conferred honorary doctorates on Melanie and Richard to recognize the couples significant body of work in driving systemic change in K-12 public education, health care delivery, and innovation, as well as the environment. The Lundquists are signatories of the Giving Pledge and have appeared four times on The Philanthropy 50, the annual list of Americas 50 most generous philanthropists. Gross came and shut the haters down. It was important to us when you walked through those front doors that you could see all the way through (the building) so you would be oriented to where you are.. This is humbling for Richard and me. All Rights Reserved. MMA Capital Holdings, Inc. focuses on infrastructure-related investments that generate positive environmental and social impacts and deliver attractive risk-adjusted total returns to shareholders, with an emphasis on debt associated with infrastructure including renewable energy projects. At that, the Lundquists shifted into high gear, helping raise money for his campaign. Wake up to the day's most important news. Knatz, an elected member of the National Academy of Engineering, took over as chair of the board in January 2022. Please make sure your computer, VPN, or August 3, 2022 | Giving Pledge signatories Lyda Hill and Lynn Schusterman, along with Lynn's daughter, Stacy Schusterman, are among this year's recipients of the Carnegie Medal of Philanthropy for their exemplary track record of giving and the impact of their generosity. This is a statement that Melanie and Richard Lundquist can relate to. Knatz has also chronicled the fascinating history of the City Dock No. Commencement Speaker Dr. Melanie Lundquist encourages students to persevere and embrace the nuances in life as she announces largest gift in colleges history. The Partnership for Los Angeles Schools is an example of a public-private partnership. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Now get this, kiddies. So their gift agreements with the medical center, which has named a building and the cardiovascular center for them, include a provision aimed at spurring donor bidding wars. By entering your email and clicking Sign Up, you're agreeing to let us send you customized marketing messages about us and our advertising partners. The two slowly became friends and over time they started dating. They helped bring in gifts from Wells Fargo and DirecTV, as well as a number of large foundations. Last updated: 21 July 2019 at 11:53pm EST. Richard served for over ten years as Chairman of the Foundations Board of Directors. Do you have info to share with HuffPost reporters? But you knew that already, right? The house is in perhaps the poshest part of the entire road and backs up to, as per our Mama, the best fairway on what is perhaps one of the worlds most famous golf courses. Their contributions to the medical center and the Partnership for Los Angeles Schools reveal an overriding aspect that surrounds most of the Lundquists giving: They prefer to devote their biggest donations to groups they seek out and get to know over time, and they want those donations to have a big impact on the organizations and people they are trying to help. Thats not something you want to get on the 405 Freeway and make your way to Cedars or UCLA for, he said. Melanie and her husband Richard are agents of change and two of Californias most significant philanthropists. Here we are six years later and we are now at $130 million in giving for this building.. And they have more big giving plans to come. AltaSea has also been a hub for the national discussion about effective and sustainable use of ocean resources, hosting U.S. House Majority Leader Steny Hoyer, Congresswoman Nanette Barragn, Los Angeles Mayor Eric Garcetti, State Senator Steve Bradford, Assemblyman Richard Bloom, former California Governor Arnold Schwarzenegger, and many others interested in this unique and innovative public-private ocean institute. The Doctor of Humane Letters (LHD) degrees were awarded by McPherson Colleges Board of Trustees and faculty, who voted unanimously to recognize the Lundquists with the honorary degrees. The Lundquists say they dont believe their name should be on a building forever. Their gifts have helped transform public education and health care delivery, spur biomedical research and innovation, and propel efforts to combat climate change. Have you ever heard of a $35 million house that has to share its driveway (and gate) with the next door neighbors? We told (the architects) we wanted something unique and special for this community. Geraldine Knatz is Professor of the Practice of Policy and Engineering, a joint appointment between the University of Southern California Price School of Public Policy and the Viterbi School of Engineering. Anyway, Mr. & Mrs. After a decade of knowing McPherson College, your president, and your provost, we know our $25 million is the right big bet.. Yolanda is also not sure if there was a house on the lot when he acquired it or if it was just vacant land. They choose not to follow the crowd; instead, they seek to kick off a virtuous cycle that attracts other donors. While they have created significant and positive impact through their philanthropy, especially in California, their reach touches us in Kansas and in so many other parts of our country. The gift announced this week brings the couples total contributions to the hospital to $100 million over the last 11 years. Richard's company, Continental Development Corporation, is a commercial real estate development and management company headquartered in El Segundo, California, The Lundquists are not only neighborsthey own the InterContinental San Francisco hotel next doorbut also donors and philanthropists. Leach said thats a reflection of nationwide trends from the past six years. The largest gift in the college's 135-year history is the largest gift made by the Lundquists outside their native California. At McPherson College, you learned how to think outside the building, not just the box keep at it, said Lundquist. We are proud to recognize them with these honorary degrees, said Amanda Gutierrez, vice president for the colleges auto restoration program. The Lundquists bring joy and possibility to our lifes work at McPherson College and the work of so many others. More unemployment meant fewer people with medical insurance, while advances in medical technology and more restrictive policies from insurance companies have reduced in-patient stays, affecting profitability, he said. Richard is considered one of Californias most respected real estate developers. The Richard and Melanie Lundquist Fellows Program started in 2010, based on Partnership co-founders' Richard and Melanie Lundquist's vision to help identify and support future leaders in the Partnership's middle schools and high schools. Rather than following the path of so many wealthy donors who back charter-school efforts, the Lundquists wanted to devote their money and attention to where the majority of todays youths receive their education public schools. In January, the Partnership released a public report (paid for by the Carnegie Corporation) analyzing what the organization has accomplished over the past decade. That piece of equipment will protect the surgeon from radiation used during medical procedures without donning a 40- to 50-pound lead apron, he said. In addition, she is a significant donor to the Alliance for College-Ready Schools, a Los Angeles charter organization. It recently opened USCs Nuzhdin Aquaculture Lab and Holdfast Aquaculture Lab. The contributions are the result of a longstanding relationship the couple has had with the hospital, one that is rooted in an effort Melanie Lundquist made more than a decade ago when she was trying to help the hospitals chief fundraiser land a large gift from another donor. Southern California philanthropists and real-estate investors Richard and Melanie Lundquist like to give big to causes and nonprofits that need them the most. Ive always thought naming rights should be more like whats become customary for sports stadiums; you pay a certain amount a year, and if you dont continue to pay, your name comes down, says Richard Lundquist. If someone tells you it cannot be done, you tell them to go sit in the corner and watch you do it., We can all agree McPherson College is a special place that embraces the love of humanity, concluded Lundquist. It was an ambitious concept for nonprofit involvement in a public-school system. or subscribe. No kidding. The couple also helps the medical center attract additional dollars by speaking to groups of potential donors and working with hospital leaders to cultivate relationships with wealthy philanthropists. Mr. Grosss blufftop house is one of the largest mansions in the pricey community, weighing in at a decidedly-portly 13,819 square feet with 6 bedrooms and 8 bathrooms. Melanie's mailing address filed with the SEC is C/O MUNICIPAL MORTGAGE & EQUITY, LLC, 621 EAST PRATT STREET, SUITE 300, BALTIMORE, MD, 21202. Dr. Richard Lundquist, LHD, is a native and lifelong resident of Southern California. In 2019, during a McPherson College event at their home in Pebble Beach, the Lundquists announced the first-ever $1 million gift to the colleges Automotive Restoration program, the only four-year degree program of its kind in the U.S. Dr. Melanie Lundquist, LHD, is an activist philanthropist whose voice is as fearless as her charity work. He was busy building a real-estate business, and she was a speech pathologist working with special-education children. . Besides, says Richard Lundquist, universities with large endowments should put some of that money back into the local K-12 public schools so students are better prepared for college. The impact of the Lundquists gift and friendship is truly immeasurable.. Melanie F Lundquist: 2041 Rosecrans Ave Ste 200, El Segundo, CA 90245-4792: 202112: . In 2013, the Lundquists donated $50 million for the creation of a patient building at the hospital with all private rooms, now called the Lundquist Tower. Additionally, it takes smart leaders to move a college ahead, and we appreciate the good work of President Schneider and his team. Example: Yes, I would like to receive emails from The Partnership for Los Angeles Schools. They also would rather support nonprofits that need them rather than those that most wealthy people usually back. They are co-founders of the Partnership for Los Angeles Schools, a sustainable, national turnaround model for underserved non-charter K-12 public schools. They are also continuing to take an active role in helping the nonprofit raise money from others. That commitment to others is what inspires us as well. The towers ground floor is light and airy with an expansive lobby, gift shop and 200-seat cafe and patio with a decor of light pastel colors. All Rights Reserved. One of Mr. Grosss closest neighbors in Laguna Beach is Oculus VR founder Brendan Iribe, who paid more than $30,000,000 for an Irvine Cove residence thats literally a stones throw away from Mr. Grosss compound. Then theres Apple CFO Luca Maestri who paid $9,000,000 for his forest-like 17 Mile Drive property, and Palos Verdes-based philanthropists Richard & Melanie Lundquist, who just this April (2016) slammed down $28,000,000 for a major 17 Mile Drive estate and they already own a smaller home on the very same road! Maybe hes converting it into a guest/staff residence. No pun intended. Soumya Karlamangla previously covered healthcare in California for the Los Angeles Times. Melanie is a sought-out voice on public education and philanthropic issues. Improve Los Angeless most underserved public schools. Melanie was named Philanthropist of the Year in 2019 by the Los Angeles Business Journal. 2022 McPherson College. Senator Jerry Moran. On a brighter note, Yolanda is on her way to Death Valley for the weekend to escape LAs heat. He. Richard and Melanie Lundquist said they were impressed with the final product. Expansive windows that allow light to flood in is a constant theme throughout the building, said Connie Senner, director of construction. McPherson College is important to the success of our state, and this gift will not only help the college continue to grow, but it will also greatly benefit the McPherson community. LOS ANGELES--(BUSINESS WIRE)--AltaSea at the Port of Los Angeles is proud to announce that Dr. Melanie Lundquist, LHD, one of Californias most generous and fearless philanthropists, has joined the AltaSea Board of Trustees; and Dr. Geraldine Knatz, Ph.D., former executive director of the Port of Los Angeles and AltaSea board member since 2018, will lead the organization as board chair. This five-year fellowship program seeks to further develop students who have demonstrated outstanding leadership and commitment to their schools, education, and communities with an academic scholarship and opportunities for personal and professional growth. Much to the shock, awe, and/or delight of onlookers, they immediately razed the existing structure and were all prepared to construct a new OC home base. You are also agreeing to our Terms of Service and Privacy Policy. Philanthropists Melanie and Richard Lundquist have donated $32 million to Torrance Memorial Medical Center to improve neurological, orthopedic and spinal care at the hospital. By focusing resources on improving a key community hospital, the Lundquists are helping to strengthen the safety net for health care in our entire region, she said in a statement. LOS ANGELES - Southern California philanthropists Melanie and Richard Lundquist have donated $70 million to the Los Angeles Biomedical Research Institute (LA BioMed), a gift that will transform the institution by giving it a sustainable source of unrestricted funding to recruit and retain top researchers and provide the needed support and Most notable among her philanthropic activities is her generous support of the Partnership for Los Angeles Schools. Some of the funding will also go toward improving the care delivered to surgical and intensive care unit patients, he said. TORRANCE >> About $10 million under budget and six months ahead of schedule, Torrance Memorial Medical Centers $480 million seven-story tower opens to the public Friday and Saturday for tours and speeches. As members of the Partnership's student fellowship program - for scholars attending our secondary schools - Lundquist Fellows participate in leadership development opportunities while earning scholarships toward the pursuit of a higher education. Later in the commencement address, Lundquist lauded the colleges ethos and encouraged the students to carry that throughout their life. Gross who has been married to his second wife, Sue Frank, for over 30 years and has three grown children, FYI is also a major philanthropist and one of the worlds top stamp collectors. The old tower was built in the late 1960s and is no longer seismically compliant with state laws, prompting the construction of the Melanie and Richard Lundquist Tower. Its going to be a tremendous community asset, said President and CEO Craig Leach. Medical staff wont move to the new tower overlooking Lomita Boulevard until Nov. 16, once the state-of-the-art, 256-bed hospital is fully stocked and staffed and patients literally roll in from the existing hospital wing. The lower floors will be used for outpatient services, but officials are still deciding how to use the upper floors. In 1988, he became President & CEO of Continental Development Corporation. The house was never on the market, so there arent any listing photos or many facts/figures publicly available, but according to tax records the current, rather ho-hum structure was built in 1969 and spans 5,437 square feet with 4 bedrooms and 6 baths. Second of all, that it felt warm and welcoming. Dr. Melanie Lundquist, LHD, is an activist philanthropist whose voice is as fearless as her philanthropic work. WATCH: Melanie Lundquists announcement of gift to McPherson College. In 2007 the couple pledged over $50m to schools in Los Angeles. Thats a $3.5 million loss for Mr. All Rights Reserved. In July 2009, near the height of the recession, Mr. & Mrs. We wouldnt be featuring him if he had a Warren Buffett-style real estate situation. Melanie Lundquist is one of the leading philanthropists in Southern California, where she gives her support to various education and health care initiatives. Part of HuffPost News. During the past twelve months, AltaSea has secured $24 million in local, state, and federal funding commitments and is a finalist for a $32 million U.S. Economic Development Administration federal grant. We want our name to be temporary, so if somebody comes along and donates as much as weve put in plus $1, they can take our name down.. Must be nice to have that kind of spending power, huh? The couple, who just signed the Giving Pledge last month, say their future philanthropic plans include giving much of their wealth away during their lifetimes (they declined to reveal their net worth), and they plan to continue to give big to the two causes they care about most. There are perks for donors who contribute more than $150,000. 2022 McPherson College. Both products of the Los Angeles public-school system, they co-founded the organization with Anthony Villaraigosa, mayor of Los Angeles from 2005 to 2013. Were truly lucky to have Richard and Melanie as members of the McPherson College family and this conferral recognizes that, said Schneider. The Balinese-inspired property was photographed for Architectural Digest in 2010 under Ms. Anistons ownership. Before joining The Times in 2013, she worked for the Oregonian, San Francisco Chronicle, Nation magazine in D.C. and Thomson Reuters in London. The tower faces a 16-acre site across Lomita Boulevard that decades from now will house an expansion of the hospital, but until then will serve as staff parking. Melanie holds undergraduate and graduate degrees from USC in communicative disorders/speech pathology and audiology, as well as a credential as a specialist in special education. A little web research reveals he is CEO of the Quinn Group, a massive Fresno, CA-based lessor of Caterpillar tractors and related equipment. Rooms also have sleeper sofas for friends and family and a tablet arm for charging mobile devices. We had to overcome decades of unfulfilled promises that were made to our teachers who were promised solutions, and few if any ever worked, she says. elegant beauty supply net worth richmond; carlos majin dba star steel cleaning website; Back to Orange County. Mr. By the mid-1990s, Richard completed his purchase of Continental Development Corporation, which has now developed well over 5 million square feet of commercial buildings. Pride festival. The construction was not without its fiscal challenges, starting as the worlds financial markets suffered a catastrophic meltdown. Melanie and Richard Lundquist are among California's most significant philanthropists, having pledged more than $325 million in charitable contributions toward educational, medical, and. 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They were introduced by Paul Russell, chair of the Automotive Restoration National Advisory Board, and since then, have committed well over $1 million to the colleges auto restoration program, the only award-winning four-year bachelors degree program for automotive restoration technology in the country. Nobody thought Ms. Aniston would ever get anywhere near $30 million for that house. Gross took a $2.2 million loss on this one, not counting demolition fees and all those other costs involved with buying and selling a property of this magnitude. And then theres furniture & real estate power couple Alan & Twila True, who in 2010 paid $27,000,000 through their Telluride Trust for the massive mansion at the end of the island. Once javascript and access to those URLs are allowed, please refresh this page. Please, persevere. Villaraigosa had to do some arm twisting, as Melanie Lundquist puts it, to get the Los Angeles Unified School Districts board to agree to let the Partnership into the schools. Heres how. Still, during the same period, the hospital also increased its share of the local market by 2 percentage points to almost 26 percent, Leach said. network allows javascript and allows content to be delivered from v144.philanthropy.com and chronicle.blueconic.net. But apparently thats not space for this certified Real Estate Baller. Richard and Melanie Lundquist "For us, philanthropy is the meaning of life and also what gives our lives true meaning. However, the two-story structure next door appears to be under construction/renovation. Mrs. Lundquist is a founding member of the Board of the Partnership for Los Angeles Schools, past chair of the Advisory Board for Teach for America, and is co-chair of a $165 million capital campaign for the California Science Center. During the pandemic, he co-developed and opened the 5.7-acre Del Rey campus, the newest office campus on the Westside of Los Angeles, where Electronic Arts the pioneering video game company is the anchor tenant. The medical needs in the community are no different than the medical needs of the community that does live near a teaching and training hospital, she said. Among the successes: Graduation rates and student performance in math and other subjects at most of the participating schools have improved. In comparison, the new addition, dubbed the Melanie and Richard Lundquist Tower, has received $130 million in donations. In addition to his $40+ million compound in Laguna Beach, he also owns another super-luxe modern compound in the Palm Desert resort town of Indian Wells, CA its pretty much the Beverly Hills of Riverside County. ( the architects ) we wanted something unique and special for this community October 2021, contingent on protocols... 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